Domain name reseller
The Internet is an ever-growing community that supplies new ways to earn money on the Internet. One of these options is to be a domain reseller and sell domains to end users, earning revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered each day, and there are 1 000 000's of currently active domain names, so this is a thriving marketing niche that you can be involved in.
Top-Level and Second-Level Domains
A domain contains two components - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic Top-Level Domains include the most popular domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names are made of two-character abbreviations that signify each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a country-code top-level domain name, has a Registry - an institution that tackles the registrations and sets the requirements that each concrete TLD may have, including the length of the registration term or the citizenship of the registrant. Certain Registrar corporations operate under the Registry. These are the companies that in fact sell the domain name to customers and manage all domain records.
Earn Revenue From Selling Domains
Many Registrars have reseller programs that allow people to make revenue from offering domains to end clients. If you register with such a program, you can kickstart your own e-business. Regularly, a domain will be more inexpensive if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end client. The explanation is that resellers can reach more customers in local regions or states where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both sides will take advantage of that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain registration.
Trade Top-Level Domain Names Under Your Very Own Personal Brand
When you register with a domain reseller program, you will get a web hosting CP where you can set the prices for the specific top-level domain names that the Registrar offers. Most firms also provide invoicing transaction software and layouts for your virtual storefront, and the automation of the whole process coupled with the rising demand for domain names render the domain name reseller business so alluring. You will either get a pre-built site and avail of the Registrar platform to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can create your own website and form for placing orders. Typically, you have the option to choose between the 2 alternatives, so it all revolves around how skillful you are in these things. As a domain name reseller, you will work under your own brand and not on behalf of the Registrar's brand.
Make Money From Offering Hosting Accounts Too
A sensible addition to your domain reseller business would be to sell web hosting solutions too. Thus, you can give a package deal to individuals who want to develop their web page and need both a domain name and a web page hosting package. Some companies have such options. With 'ResellersPanel', for example, you can manage a VPS or a dedicated server, and they will also offer you a domain reseller account and free-of-cost invoicing transaction software to bill your customers. You can then offer domains and shared web hosting packages to customers, and since they provide many diverse domain extensions, you will be able to provide domain name and hosting services to clients from all around the world.